401k Contributions 2024 Over 50 . This is because employers can either make a matching contribution of up to. These limits increase to $69,000 and $76,500, respectively, in 2024.
For 2023, irs set the 401 (k) contribution limit to $22,500, reflecting an increase of $1,000 from 2022. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs.
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